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Crypto

Strategy Sells Another 1,690 BTC as Dollar Reserve Reaches $4.65 Billion

Guavy AI Editorial Team
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BTC
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Strategy, a company associated with Michael Saylor and Bitcoin holdings, has continued its cash-raising efforts by selling another 1,690 BTC for $108.6 million between August 3 and 9.

The average price per BTC in this latest sale was $64,262, which is below the company's reported average acquisition cost of $75,385 per Bitcoin.

This brings Strategy's total reported Bitcoin sales to 6,916 BTC since June, with its holdings now at 840,447 BTC.

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